MercadoLibre (MELI) Stock Sinks As Market Gains: Here's Why

The most recent trading session ended with MercadoLibre (MELI) standing at $2,079.96, reflecting a -0.54% shift from the previouse trading day's closing. This change lagged the S&P 500's 0.77% gain on the day. Elsewhere, the Dow saw an upswing of 0.47%, while the tech-heavy Nasdaq appreciated by 0.87%.The the stock of operator of an online marketplace and payments system in Latin America has fallen by 1.47% in the past month, lagging the Retail-Wholesale sector's gain of 5.56% and the S&P 500's gain of 4.87 ...